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. they've played a key role in helping the bloody fight for independence from indonesia. >> the united nations has been with east timor at every step of the ways in organizing the vote for independence from indonesia and 1999. the and ran the fledgling nation for three years and send in peacekeepers to quell fighting between rival factions of the armed forces in 2006 when its current mission began. the dozens of people were killed and tens of thousands forced to flee their homes. as violence threatened to engulf east timor as it did during the push for independence. two years later, a failed attempt to assassinate the president exposed a fragile country to even more instability. the mission official it comes to an end, the united nations has east timor has the resolve to meet the security and economic challenges that lie ahead. >> the credit goes to the timorese leadership. it is the timorese leaders who have learned from experience and have taken control of their country firmly. they have put the policies in place, have built institutions. a >> the challenges are immense. there are hi
husband was another international guy. he was in indonesia. she met him at the university of hawaii. he was from the east-west center. brought americans the honolulu to prepare to go to asia for study. and that's where she met him. he was a tennis player. she fell in love with lolo. >> host: at what point did the move to jakarta? >> guest: he went back first. you know, both barack, sr. and lolo were constantly being watched by the ins and different regulations, and so lolo could only stay for a certain amount of time. he kept trying to extend his visa after he married her, and found ways to stay. so we got certain jobs that were related to geography and topography in honolulu to keep them there, but eventually things were changing and very dramatic political ways. he was back in 1966. in 1967, in october, barry obama and his mother moved back to indonesia. >> host: so the president lived in jakarta indonesia from 67-71, ages six through 10? >> guest: just about, yes. about four years. >> host: while you were in jakarta, david maraniss, you found a school where barack obama went to schoo
, copper and gold in indonesia, andthey've got compose the democratic public of congo, and they have some mining assets in the united states and south america as well. but what the u.s. oil and natural gas assets bring to the table, in addition to commodities, is well outside freport's existing portfolio of business, is a reduced level of country risk, especially compared to what you undertake when you do business in indonesia or the d.r.c. >> tom: just a half minute left, and i want to ask you about the stock for freport mac moran, how should long-term investors take a look at this? >> well, long-term investors that had been sitting in freport original need to ask themselves are you really interested in this oil and gas story. because you need to remember investors to have undertaken this deal on their own. they didn't need freporto go out and lever up and pay a 39% premium for planes. >> tom: dan, do you own freport? >> i do not. >> tom: daniel rohr with us, he is with morningstar. >> reporter: i'm erika miller in new york. tomorrow, we'll talk to the c.e.o. of kitchen chain sur la tabl
countries including the largest, indonesia. you have islamist political parties participating within that system. when we have these discussions, we are narrowly focused on the narrow focus of the muslim world. we need to keep that experience in mind. the main point is that there's nothing inherently anti- democratic about is lomb in terms of political culture. i think we agree with that point. this is where we disagree, but given the middle east, the crushing social demographic, economic pressures they are facing, changes coming. i go back regularly and i support the motion as it is currently crafted. i think it is like debating gravity. you see the early results >> toomey it seems like a necessary first stage of this debate which we see unfold in egypt. some of them, but not all of them will try to set the table, but public debate and open debate and try to impose a model that closes off pluralism. i do not see this in egypt today is a realistic possibility as we sit here today. this clash is spilling over into the seats -- streets. there is this desire for pluralism, and that poli
? >> guest: his mother couldn't afford to send them there. those 3.5 years, he is in indonesia, immersed in the language. the mother is waking up at 4:00 a.m. to teach him with english schoolbooks to supplement his learning. it is very difficult. and the whole process was something that she realized that she loved indonesia, she was still married, she wanted to stay. but it was coming to a point where she had to make a key decision. it turned out that he could get into the best elite private schools in honolulu, so he went back in fifth grade to start their. >> host: he lived with his grandparents in honolulu in an apartment? >> guest: yes, they moved to an apartment. it was five blocks from the school. he lived there from fifth grade through his senior year. >> host: from ages 11 to 18 years old? >> guest: yes, that is correct. there were some subtle changes. his mother to come back. she came back to study in graduate school. they live a couple blocks away for about two years. then she went back indonesia again. the bulk of that. maxima that's what happened. >> host: that was 1971 going
country of indonesia has become a market. indonesia quoted a stunning 30% clip in the most recent quarter, and that was on top of a 50% increase last year. to me these numbers speak to the universality of these numbers and the acceptance that tupperware's product is superior to good news that can be bought in a department store. when i asked him this morning how he can police his company and make sure that a big chunk of his sales don't go to other people whom sellers are trying to recruit as distributors, that's the herbal life model. he made it clear that less than 10% of his customers are sellers. the company spews cash. when i asked him if he would return to capital shareholders in the form of a special dividend. he responded that the board's ponder just such an action. still another reason to buy this company that is at its 52-week high. >> president obama hits the road to secure his position on the fiscal cliff. but why ral-- this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after
of the most exciting stories regarding tupperware is how the very populous country of indonesia has become a market. indonesia grew at a stunning 30% clip in the most recent quarter, and that was on top of a 50% increase last year. india is up, too. to me these numbers speak to the universality of these numbers and the acceptance that tupperware's product is superior to goods that can be bought in a retail store. when i asked him this morning how he can police his company and make sure that a big chunk of his sales don't go to other people whom salespeople are trying to recruit as distributors, that's the herbalife model, he made it clear that less than 10% of his customers are sellers. the company spews cash. when i asked him if he would return capital to shareholders in the form of a special dividend, he responded that the board's pondering just such an action right now. still another reason to buy this company that is at its 52-week high. stick with cramer. but i'm still stubbed up. and i took nyquil, [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer
is in indonesia in the west new guinea. it's owned by the people that own bisbee. now you know, they run the mine and they will come in and play pool and they are nice guys. i think it was chris hedges that said the people that are destroying the world are just doing a job. they are nice people. in indonesia in this mine they are not just destroying the place, people are dying in this mine, they have hired the military to become the private service of the mine which is illegal by the way under the u.s. law. they were busted by the clinton administration, stripped of insurance, but they have henry kissinger on the door, so they got everything worked out. this has 18,000 people working at 15,000 feet. straight down through glacier. it's the biggest gold mine and basically the biggest cotton - the world. but, people are shocked. there's a huge battle going on because they're putting 300,000 tons of waste every single day in the two rivers without, like in america you can't do that. but there you just play with on and it doesn't matter. so, what you are asking is to be pushed off and if you do you pu
tweets is jakarta, indonesia. other cities at the top five including new york, tokyo london, and south paolo. scoring another big victory over the weekend, on sunday, returning for the first time since his leukemia diagnoses. >> the head coach of the indianapolis colts already facing heavy odds when the season started, fresh off an off season last year, the fans have wondered where the good times have gone. then the diagnosis. the 52-year-old coach was forced to leave the team for treatment of leukemia. turning record around, making it to the playoffs. but the hospital the coach was recalling the moment doctors told him he could go home. >> the doctor came in and we had a conversation. he said, your cows are starting to come up a little bit. he said there were good enough to go home. you are like, uh -- it is like a day early. so. anyway, he says, what time is the game? i said, we play at 1:00 today. he said, you should be out of here by noon and make it home in time to see the game from home. so i was back. it was awesome. it was a great day. it was a great day. >> today their prayers
. general jack keane thank you. nice to see you. jon: breaking news from indonesia r-, a 7.2 magnitude earthquake in the banda sea, reported at a depth of 96 miles before the surface of the earth. according to the tsunami center that is too deep to generate a tsunami. it was eight years ago after christmas in 2004 when that monstrous tsunami killed roughly a quarter of a million people in indonesia thailand, that part of the world. this one apparently is not generating a tsunami warning because it was too deep below the surface of the earth to shift the ocean floor enough to cause a tsunami. we will continue to keep an eye on that story. well, he helped millions of people protect their computers from viruses. now john macafee is facing murder charges in central america. he says he's been targeted by corrupt authorities. we'll tell you why coming up. heavy snow blankets a huge part of the country. we'll tell you who got hit the hardest and whether there is more snow on the way anncr: some politicians seem to think medicare and... social security are just numbers in a budget. well, we w
days, golfing. a lawsuit, the indonesia, the island of hawaii. and maxine and relaxing while we slid down the abyss. lou: it seems to me, sherry, as the republicans cannot quite figure out how to say, this is the president's decision. it's his ultimatum, and it's his choice. why can't they say that? >> because there is no guarantee that it will turn out well. there is a media that will try and blame republicans no matter what. plus boehner could go in and cut a deal but he did you lose his right flank on this. starting to think it's a better deal for the republicans to of vote present, let the president on this completely. lou: agree to raise taxes. >> now. his thing. mitch mcconnell tried to get the senate, harry reid to vote on the president's plan and harry reid said no. democrats are calling it a stunt. this is the president's plan we can raise taxes on rich and you don't have to cut spending and you can do all the things that he wants to do, and they don't want that to come to a vote. there might be something there. i'm thinking that might maybe make him on it and let the chips
. here i was a young boy with a white mom, a black father, raised in indonesia and hawaii, and i was beginning to sense how fitting in to the world might not be as simple as it might seem. and so to see this man, this senator, this powerful, accomplished person who was nn' out of central casting when it came to what you think a senator might look like at the time, and the way he commanded the respect of an entire nation. i think it hinted to me what might be possible in my own l e life. this was a man who as a teenager stepped up to serve his country even after his fellow japanese-naerns were declared enemy aliens. a man who believed in his country even when his government didn't necessarily believe in him. that meant something to me. it gave me a powerful sense, one that i couldn't put into words, a powerful sense of hope. and as i watched those hearings listening to danny ask all those piercing questions night after night, i learned something else. i learned how our democracy was supposed to work.work. our government of and by and for the people. we had a system government whe
mom, a black father, raised in indonesia and hawaii and i was beginning to sense how fitting into the world might not be as simple as it might seem. so to see this man, this senator, this powerful accomplished person who was not a central cast when it came to what you think a senator might look like at the time, and the way he commanded the respect of an entire nation, i think it hinted to me what might be possible in my own life. this was a man who as a teenager stepped up to serve his country even after his fellow japanese americans were declared enemy aliens. a man who believed in america even when its government didn't necessarily believe in him. that meant something to me. it gave me a powerful sense, one that i couldn't put into words, a powerful sense of hope. as i watched those hearings and listening to danny ask all the piercing questions night after night, i learned something else. i learned how our democracy was supposed to work. our government of and by and for the people. and by and for the people. we have a system of government that nobody is above the law. wher
's reviewing its telephone policy. >>> uproar in indonesia. the chief called it quits with the teenage wife via a text message. the protestors want the chief to resign. get this, the two were married for only four days. >> i'm not going to comment on that. >>> coming up tonight, police make an arrest after a man is pushed in front of an oncoming subway train. a photo snapped of the tragedy is spark outrage. >> and find out why those who work to feed the hungry in our region say the need to give is greater than ever. >> and get ready for some cooler temperatures outside. gary is back with your extended forecast. . >>> washington nationals are trying to give some help to some heros tonight. the team's military outreach program joined up with a chamber of commerce to host a job fair at nats park. more than 75 employers were expected at the event with jobs available for military vets and their spouses. >> we recognize there are service number members and their families all over the world making sacrifices for our freedom, and that includes playing baseball here in the nation's capitol. we're happy
, strong fundamentals. south african rand. look at indonesia. there will be currencies around the world where you generate high yield and policy will be beneficial to the currencies. you have to be selective and it will not always be the same answers over the long term. lauren: we asked our market panel this question so we'll ask you. do you think we'll go over the fiscal cliff? is that priced into the market at all and are we in recession next year if we do? three questions for one. >> i think you will see some form of a compromise. the way i view it if i'm a tea party member house of representatives. i'm looking major tax increases. major cuts to defense spending, no changes to entitlements. david: if i'm tea party member i've had my legs cut out from john boehner. >> that is absolutely you try. if impresident of the united states and democrats i need a plan that allows us to raise the debt ceiling in 2013. the way i view it you blunt severe components of it but still fiscal drag at beginning of the year. you will still have uncertainty what the size and scope of the federal governmen
the country has political resolve, it can make extraordinary resolve with assistance from others. indonesia, perhaps my favorite example. there the government has dedicated itself to creating a civilian leader -- legal structure of law enforcement institutions to fight terrorism. indonesia has scored more than 100 consecutive convictions in terrorist cases and the police has had major successes in breaking up terrorist cells linked to violent extremist organizations. many of us saw -- thought at the time several years ago that indonesia hung in the balance. no one thinks that now. the capacity building can work. we must continue to innovate and improve our efficacy. i said at the outset that we were determined to do a better job in countering the violent extremism. the miti about our efforts to legitimize the narrative. we established the center for strategic counter-terrorism communications. house at the state department, it is a true interest agency endeavor with the mandate from president obama. they do many things including working with our embassies on a range of activities to undermin
is in indones indonesia. plus, recently the orders become harder to pull out of the ground, less expensive, is the writing on the wall that freeport might face expropriation some day? is this the beginning of the end of the company's best asset? and these acquisitions show the fallacy of playing the mining stocks instead of the ore. those who like copper, reach for freeport. but jjc, my initials and also the etf. they like their substantial gold holdings, go with the gld. yes, you have every reason to be upset if you own it, to me it seems that freeport got the short end of the stick and big shareholders other than the company's chairman can't be blamed for dumping the stock right into the selloff. and by all means, please, ring the register tomorrow, no later, tomorrow on plains and mcmoran exploration. stay with cramer. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large p
greed to take jobs and cheap labor markets so they can get right to work law states in indonesia and china and then made right to work law here. it means it's a gap between the wealth and the workers. workers have a right to expect liberal wages, health care, education care, the right to vote protected, and educate their children. these rights are reasonable and should be enforced. >> reverend jackson, you and i have known each other a long time. did you ever think you would be in michigan leading a protest against right to work? >> i really did not. i think that the tea party has 150-year-old roots between what is -- the right it organize, collective bargaining and states rights. i never thought it would go this far north, and, yet, these workers in this state must fight back and draw a line in the sand. that's why i'm going to address a major one-day strike, maybe a one-day march on washington for massive and action to bring about the ship in the flow of the wind. >> reverend jesse jackson, bob king from the united autoworkers. thank you very much. i know it's a cold day. thank
of the united states, when you look at a place like indonesia and india right now, that encyclopedia in people's pockets is empowering people all over the world. >> you were talking about the piracy issue. in china they not only have fake iphones that have come out before the official iphone which came out today, they have fake apple stores that are cropping up all over the place, having a huge impact and material impact on earnings for a company as huge as apple is these days. >> i was walking around the floor a minute ago and everyone is just, you know, blown away and so upset. they have got their tvs turned to the local news in some areas of the floor. this senseless act in connecticut is just so -- so daunting. it's hard to even -- it's hard to take. >> an impact on the market as well. as i said earlier, a subdued market, as we all are. the dow holding with a decline of about 38 points. >> we'll bring you the latest on the fatality in connecticut. facebook stock up nearly 40% in the last three months. when will it move past the original $38 ipo price? we'll take a lock and still shy of tha
such as the haiti earthquake, indonesia tsunami. she's here and spent the last few days in rooms with some of those children who were in sandy hook sandy hook elementary school on friday. some of those children who had to walk out past the bodies of her classmates. she told me so many stories about their resilience, about how they may or may not be able to cope with what they have seen. she talked about one extraordinarily touching scene where she witnessed children helping children. listen. >> watching one child come in, a young boy come in being very shy and withdrawn and not wanting to talk to anybody and his head down and holding himself. and then watching two young of his school mates, girls, come rushing over to him and hugging him. hi, how are you? and just -- he started to melt a little bit. and they brought him over to where the toys were and they were talking to him and it brought him out of his shell. >> she says every child reacts differently in this kind of traumatic situation, john. she says the bottom line is some will have the resilience, they will have the parental support. they wi
knew which is when he wrote about going to the war in indonesia i was afraid to go in there, there was a young woman nurse peace corps volunteer and she asked me to go into the war and i was afraid sargent shriver is supposed to be this great guy and he was afraid and he was human. they have to negotiate a deal but she was touching other human beings that were struggling, people that were sick, and when he was 45 or 46i think that she would have loved to have been that nurse in that room touching the people affected by leprosy, and to have that experience and show what the piece is about where human beings are interacting with each other, not some peace in the theory of diplomats which is often times elusive. this is real human peace, and interactions of that's why he always said i wish i were you because i have the opportunity to deal with that. he was very happy in his own life, but he was excited and wished that he could have other opportunities. to experience those things and help creating those situations. >> that was a mean question to ask me, but i was a good one. [la
of the tsunami that hit after a massive earthquake off the coast of indonesia. more than 200,000 people died. on thursday we could get the consumer confidence report. we get a consumer confidence report. it will give us an idea of how people are feeling about the strength of the economy, and on friday lots of nervous couples and last minute plans means new same-sex marriage law goes into effect the next day. same-sex partners will be finally able to get married legally there. >>> people usually count their blessings at christmas. cnn's barbara star found soldiers still counting theirs, and they might wonder how they can do it. >> i push forward and open -- my elbow unlocks and and i throw it back, and that's how i maneuver. >> reporter: wounded troops in rehab at the holiday time. all christmas miracles. meet travis mills, one of the troops i visited with asking them to send holiday wishes to their buddies. >> hi, everybody. i'm staff sergeant travis mills fourth brigade combat team. i miss everybody. merry christmas and happy new year. to our military forces overseas and home, and special s
markets. we've been investing in places like indonesia and mexico. those are the exotic locations. but you've got to get out of sus dollars. >> peter, why would you invest in the country whose terms of trades are getting worse rather than in the united states with a depreciating dollar and terms of trade are improving? >> a weakening dollar doesn't improve your terms of trade. >> sure it does. that's exactly what it does. >> no it doesn't. >> it helps exports. >> steve, the dollar has been depreciated -- >> it costs less to make stuff here. it's not been depreciating for decades. >> yes it has. where you been? >> i been here. >> do you see a significant depreciation of the u.s. dollar? >> i don't. i think what's interesting is that if you weren't paying attention, the dollar is the world's reserve currency. all the things that have gone wrong here in the united states have put people into what? into dollars. into dollar-based assets. the ability to fund the deficit goes on without much hiccup at all. we're still paying low rates for borrowing. 1.7%. all those predictions were -- >> they we
into social network, it is actually working with mobile carriers in india and indonesia to offer some discounted and free data just for use of this messenger app. sue, over to you. >> julia, thank you very much. >>> breaking the political stalemate on capitol hill, we are holding our congressional leaders accountable and urging them to get an agreement on that fiscal cliff. an expert lesson on the art of getting the deal done. >>> plus, wake up and smell the coffee, a bullish call today on dunkin' brands and other players. we have the smartest flies cav nate your portfolio, when we come back. when we got married. i had three kids. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule. >>> people becoming more conservative and i think that had an impact in had the growth in '13 all things being equal and in danger if this thing stringings out into '13 start to have problem what is '14 would look like
to be on a roll. i am also impressed with brazil, indonesia and turkey. the rest of the world really doing extraordinarily well. connell: we like when you go global on us, charles. what do you use, google maps or apple? charles: stuart varney is probably better than me when it comes to these smart phones. connell: i do remember when you got away from the flip phone. charles: that is only because i left it in the green room. i heard someone from the smithsonian came up. dagen: charles, thank you so much. connell: let's go to this google graphic story. it is a very popular app. let's put it that way. we will talk about that coming up. more from washington, the house speaker ready to put through his own legislation. >> our hope continues to be to reach an agreement with the president what we have offered meets the definition of balance. the president is not there yet. ♪ ♪ ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shineven brighter. come to the winter event and get the mercedes-benz you've always wished for, no
in indonesia and congo and who wants to be levered to two places where they could wake up and be nationalized. >> most money assets are overseas. this gets them a bigger foot hofoothold in the united states. bhp did this. it's not the only mining company getting more leverage in the energy market. >> we'll keep an eye on shares of freeport. this is not your typical deal that investors immediately understand. >> what don't they know about the fiscal cliff? >> they look to be down 10%. >> we'll watch it. as people know in this market, many times the stock price has been going up. we'll keep an eye on this. it may be throwing people. what does it say about copper overall and the price of the metal. >> i worry, by the way, watch energy 21. this is exxi. another company that bought old properties. one of the things that's happening that's driving this, okay, is that there's new technology. american technology that's able to access oil that the big guys have given up on whether it be exxon given up on energy 21 has or bp and it turns out that these fines may have been bigger so pxp takes advantage
of japan, korea, vietnam, thailand, singapore, indonesia, burma; all of which represent the future of the united states in terms of trade, security and cultural growth in the coming decades. with respect to burma, there was a great moment for me to be able to sit down and see aung san suu kyi recognized by the congress a month or so ago, coming to this country as a member, an elected member of their parliament. we began the change in that relationship from our office, directly from our office based on work that i had begun and become interested in over a period of six years before i was elected to the senate. we, i'm very proud to say, laid the groundwork for the historic visit in 2009 from inside our office. often i would say against the will and against the advice of our own state department. we used validators. we talked to people we knew in the region. i became the only american leader ever to meet with general shui, leader of the military junta, to express my belief that we could work forward to have a different relationship. i met with aung san suu kyi, and i hope that those
they can make extraordinary strides for the assistance from others. let me cite one example. indonesia, perhaps my favorite example, there the government has dedicated itself to creating the civilian legal structure in law enforcement institutions to fight terrorism effectively, comprehensively, and using the rule of law. in disease has scored more than 100 conservative convictions in terrorist cases and the national police has major successes in breaking up terrorist cells linked to other violent extremists ors and anyone who thinks back eight or nine years or even a decade will remember that many of sauce it athe time indonesia hung in the balance and unlikely to survive. nobody thinks that now. any discussion of the ct landscape of southeast asia is frequently omitted. the play here is the capacity building can work and we must count to innovate. to improve our advocacy. i said at the outset that at the beginning of the administration, we were determined to did a better job of countering violent extremism. let me tell you about our efforts to legitimize the terrorist narrative. unde
from others. but me cite one example. indonesia, perhaps my favorite example. if the government has dedicated itself to creating civilian legal structures and law enforcement institutions to fight terrorism effect in late, comprehensively and within the rule of law. indonesia has scored more than 100 consecutive convictions in terrorist cases for national places had major successes in breaking up terrorist future muslim yet another violent extremists organizations. anyone who thinks back eight or nine years for a decade will remember many of us thought at the time and did misha hung in the balance and was unlikely to survive his bout with extremism. no one thinks that now had any discussion of the landscape in southeast asia is frequently admitted. the point here is capacity building can work it must continue innovate to prove efficacy. it said at the outset that the beginning of the administration were determined to better java countering violent extremism. so then they tell you of our efforts to delegitimize the terrorist narrative. undersecretary clinton's leadership established
countries along the indian ocean. it began with an earthquake off the coast of i would news ya. -- indonesia. the quake triggering a massive tsunami that took many folks by surprise. this is a video from a ceremony in thailand this morning. in 2004 more than 230,000 were killed. indonesia, india, thailand, sari lanka the hardest hit. it was one of the deadliest natural disasters in recorded history. heather: well, there's a tiny town out west that has undergone a major transformation from a virtual ghost town to a booming, high-tech town. anita vogel is live in los angeles with more on how they did this. >> reporter: this is truly a unique story about how one man stumbled across this virtual ghost town nearly 30 years ago and since then has managed to turn it into a high-tech oasis in the desert. harold freeman was prospecting for gold back in 1984 when he happened upon the tiny town of nipton, california. >> very much distressed. the hotel had been condemned by the county as a structure, and none of the buildings worked. >> reporter: the cal tech-trained geologist bought the town for $200,0
guy, lolo soetoro from indonesia. he had come there to the east-west center which brought students from various asian countries to hawaii and brought americans to honolulu to the same center who were prepared to go to asia for different studies. and that's where she met him. he was a tennis player. he was very gregarious at that time and she fell in love with lolo. >> host: at what point did they move to jakarta? >> guest: she went back first. he had been there, you know both barack senior and lolo are constantly be washed by the ins for different regulations on visas and so on. so lolo could only stay for a certain amount of time. he can try to extend his visa after he married her and find out ways to save. because certain jobs he said were related to the geography he had learned and topography in honolulu to keep them there. eventually indonesia was changing and dramatic, political wave and he was forced back in 1966. make to 67 and a covert, barry obama and his mother and so tarot booth that. >> host:
from? people think it comes from switzer land. it's coming from farmers in africa and in indonesia and in central and south america. >> reporter: he believes that americans will be willing to pay more for chocolate if they know that in turn impoverished farmers will earn more. of all places, why congo? >> why congo? well, it was really ben affleck's fault. >> reporter: yes, that ben affleck. >> like this? that's well fermted. this isn't. >> reporter: earlier this year, we joined ben affleck and joe on a trip to the d.r.c., cocoa can only grow within a narrow climate zone close to the equator. in 2009 affleck started a charity called eastern congo initiative to spur economic development in this war-torn region. five million people have died here due to decades of conflict. >> as i was reading, i just sort of stumbled upon some of these statistics. i was struck not only by the numbers but by the fact that i hadn't heard about it. >> reporter: so affleck decided to use his celebrity as a sort of currency to attract investment. he led a small group of philanthropists, protected by arme
extent. asia, indonesia, africa. they have a very strong balance sheet. so they're in the position to really gain market share even in the context of a slightly slowing macro picture. but interestingly since the third quarter ims, we heard today from standard chartered again and they were quite upbeat particularly for the likes of singapore and i sandia and so forth. so outlook for revenue is actually quite positive and it's on quite a low multiple and could easily rerate towards 12. >> so you reckon own it. >> i think so. even if the the growth prospects were quite limited, i think the balance sheet strength alone justifies expansion. i think it's quite attractive certainly to the rest of the sector. >> citi shedding 11,000 job, around 4% of its workforce. some say it's part of a strategy by the new ceo. citi shares were up on that. so what do you make of ubs getting out of fixed income, citi shedding a huge chuck of jobs. >> i would actually go much further than that. we've had an a revolution. pure to pure growing at 50% per annum. i think it's time to redesign the way they do b
, indonesia. we're not seeing a great benefit into europe as we did before. for instance, germany is looking pretty pessimistic. based on its lack of export performance to places like china. >> yeah. when the bundes bank came out and shortly downgraded forecasts, how is the employment picture? if you've got a relatively healthy china and the u.s. consumer bounce back, wouldn't that help germany? >> it certainly would. germany is relatively flat in terms of the employment outlook. so it's not a disaster. but germany trades an awful lot with europe as well as china. so it needs china to pick up in terms of its heavy engineering export performance, creating jobs in the manufacturing sector. but germany and the uk need europe to improve. >> it comes at an inkrd eblly high cost in terms of the number of people out of work. what has been done? how much have we destroyed so that the jobs outlook and growth prospect in this country? >> well, what growth prospect in the southern european countries? we're seeing definitive bifurcation of northern europe and southern europe. southern europe, we are cre
for war or peace in this will. t while visiting indonesia,, i thailand, and the philippines ir octoberem i was reminded of thet economic vitality of southeast h asia and the fact that the ten countries comprising. [indiscernible] represent now the fourth larges. export market of the united states. these countries are center stag. to the circumstances with chinaa we must stand firm with our friends throughout asia and actively pursue prospects for a free trade and open sea lanes and other policies that will strengthen american economic fac growth t.lobal more broadly, we face the, specter of global resource constraints, especially deficiencies of energy and food that can stimulate conflict and deepen poverty. made we have made gains in domestic energy production. dep we remain highly vulnerable still our dependency on oil and equally important, even if we are able to produce more energy and home, we cannot isolate to e ourselves from energy drivenave shocks to the global economy. in other words, we have to cooperate with other nations ing improving the global system of manufacturing and mov
in indonesia, myanmar and is looking in thailand and india for new partners. asia, especially southeast asia is an emerging hot market for other japanese lenders, too. mizuho will set up firms which set up shop in laos given its labor costs and low political risks compared to china. >>> now let's get you the latest results of spain's auction debt. the country is seeing lower yields than the last time it went to market and higher demand. 2015's bid to ratio, 4.8 versus 2 the last one, 3.1 versus 2.6 for the 2017 and the 2040 saw a 2.1 bid to cover. of course, when it comes to the yield, i would give you a sense of what we're seeing on these. 2015 maximum yield coming in just under 3.43%. that's roughly where we stood on the last go around on december 5th. for the 2017, we saw 4.24 versus 4.5, so an improvement. for the 2045 .9 the%. backing up quite a bit relative to the 4.8%. although the last time we saw an auction there was in march 2009. to walk us all through this, let's get back to sylvia peruzzo from nomura. what's your reaction? >> i think we need to take stock of the fact that the co
and still emitting a very strong radio signal and it just passed over indonesia. >> what would that mean then if you lose control ever that satellite, what then? >> it could tumble down to earth. here is the big story, the fact that north koreans were able to get this satellite into space in the first place. they had the delivery system on this rocket which is basically the same as -- the same delivery system as there typodone ii system. that is the missile system they've been testing for years and years annex tepbld the range so it could reach the continental united states. this is scary. they are closer to having a missile that could reach the united states. bill: it's far more serious especially when you consider the sanctions on this country. if has been labeled a success, whether you're for it or the rest of the world is against this. i'm going to show you, sir, to our viewers at home here, here is north korea, this missile shot off from the east coast of north korea. you had a little of it land here in the yellow sea and a little bit more down here in the philippines. here is what
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